What does Economies of Scale mean?
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing which scale increases.
As the company grew, it achieved significant economies of scale, allowing it to lower its prices and outcompete smaller rivals.
Economies of Scale in German, French, Spanish and Italian
GermanSkaleneffekte
also Größenvorteile
Kostenvorteile durch steigende Produktionsmengen (Skaleneffekte).
FrenchÉconomies d'échelle
Baisse du coût unitaire résultant de l'augmentation de la production.
SpanishEconomías de escala
Reducción de costes unitarios al aumentar el volumen de producción.
ItalianEconomie di scala
Riduzione dei costi unitari derivante dall'aumento della scala produttiva.
Synonyms and opposites for Economies of Scale
- Synonym Cost advantages
- Synonym Scale efficiency
- Opposite Diseconomies of scale